Question: Why are garnishments deducted on a post-tax basis?

Why are garnishments deducted on a post-tax basis?

Step by Step Solution

★★★★★

3.40 Rating (166 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

They are viewed as a posttax ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Payroll Accounting Questions!

Q:

The following employees of CIBA Ironworks in Bristol, Illinois, are paid in different frequencies. Some employees have union dues and/or garnishments deducted from their pay. Calculate their net pay,...

Q:

Larisa is an employee of Yellow Rose Products. She has come to you, the payroll accountant, for advice about her health insurance premiums, specifically if she should have them deducted pre-tax or...

Q:

Caroline Watts is an employee of Lavender Creek Farm. She has come to you, the payroll accountant, for advice about her health insurance premiums, specifically if she should have them deducted...

Q:

1 ) What are two examples of garnishments? 2 ) Why are garnishments deducted on a post - tax basis?

Q:

14. Why are garnishments deducted on a post-tax basis?

Q:

Some fringe benefits are deducted on a pre-tax basis and some fringe benefits are deducted on a post-tax basis. Is the employee better off when fringe benefits are deducted pretax basis or past tax...

Q:

Some fringe benefits are deducted on a pre-tax basis and some fringe benefits are deducted on a post-tax basis. Is the employee better off when fringe benfits are deducted pretax basis or past tax...

Q:

What is true about supplemental health and disability insurance premiums? Multiple Choice It is subject to income taxes. It is subject to FICA taxes. It is not subject to income taxes. It is deducted...

Q:

Which of the following is NOT a hallmark of a fringe benefit? Multiple choice question. Fringe benefits are not linked to employee performance. Fringe benefits are only deducted on a post - tax basis...

Q:

Caroline Watts is an employee of Lavender Creek Farm. She has come to you, the payroll accountant, for advice about her health insurance premiums, specifically if she should have them deducted...

Q:

Molybdenum-99 has a half life of 67 hours. How much time before a sample with an activity of 160 disintegrations/minute has decreased to an activity of 5.0 disintegrations/minute? O 5 hours O 2.1 x...

Q:

Keeley Jones Corporation issued 1 million shares of its $2 par common stock for $138 million. Shortly after issuance, the value of the stock decreased to $110. What is the amount that should be...

Q:

This question: 1 point ( s ) pos The rate at which a machine operator's efficiency, E ( expressed as a percentage ) , changes with respect to time t is given by d E d t = 3 0 - 8 t , where t is the...

Q:

The salinity of seawater is increased locally by a. the addition of water from a large river. b. heavy precipitation. c. the formation of sea ice. d. None of the above is correct.

Q:

8. Ensures that child support obligations will be paid. a. COBRA b. ERISA c. Civil Rights Act of 1991 d. PRWOR e. SOX f. ADEA g. HIPAA h. ADA i. OSHA j. Equal Pay Act of 1963 k. IRCA l. SECURE 2.0

Q:

7. Extends medical benefits for terminated employees. a. COBRA b. ERISA c. Civil Rights Act of 1991 d. PRWOR e. SOX f. ADEA g. HIPAA h. ADA i. OSHA j. Equal Pay Act of 1963 k. IRCA l. SECURE 2.0

Q:

6. Mandates equal pay for equal work. a. COBRA b. ERISA c. Civil Rights Act of 1991 d. PRWOR e. SOX f. ADEA g. HIPAA h. ADA i. OSHA j. Equal Pay Act of 1963 k. IRCA l. SECURE 2.0

Q:

Content attribution QUESTION 8 . 0/1 POINTS On average, Nancy has noticed that 20 trucks pass by her apartment daily (24 hours). In order to find the probability that more than 6 trucks will pass her...

Q:

pls answer all Save Submit Assignment for Grading ons Exercise 13.05 Algorithmic Question 3 of 10 Not Answered Check My Work In a completely randomized design, 12 experimental units were used for the...

Q:

Load the iris dataset from the base R package using the following command: data("iris"). Produce an ANOVA model of Sepal.Length by Species. Produce a plot with three box plots that shows Sepal.Width...